Reconstruction Blog
Federal tax credits, stimulus funds enable retrofit for senior housing
October 12, 2011
An affordable housing project in Bangor, Maine converted a building at the former Bangor Theological Seminary into a 28-unit housing facility. The project was paid for with the help of tax credits from the federal government as well as stimulus funds. The non-profit group Community Housing of Maine spent the last four years turning the structure into affordable housing for seniors and veterans. It took $6 million to renovate the building. Residents began moving in last week.
(http://www.wcsh6.com/news/article/175455/314/Bangor-celebrates-renovatio...)
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